Pivot: 95.45
Our preference: LONG positions above 95.45 with targets @ 97.35 98.2.
Alternative scenario: The downside penetration of 95.45 will call for 94.7 93.5.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Trend: ST Range; MT Range
Key levels Comment
99.75** Intraday resistance
98.2** Intraday resistance
97.35** Intraday resistance
96 Last
95.45*** Intraday pivot point
94.7** Intraday support
93.5** Intraday support
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